Last year, the monetary policy was made public on Jul 29. “We are not at liberty to take either an expansionary or a contractionary approach [while formulating monetary policy]. The central bank especially needs to pay specific attention so that credit flow for the private sector remains smooth. He agreed with his senior colleague Salehuddin that the Bangladesh Bank must ensure the credit flow for the private sector does not get bottlenecked. “We can’t put an austerity measure in place while formulating the monetary policy.

Source: bd News24 June 26, 2022 19:58 UTC